Tesla stock takes a hit – after Elon Musk does the same: NPR



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Tesla shares fell more than 6% Friday after the resignation of leaders and the appearance of CEO Elon Musk in a video.

It would not be the first time investors were shaken by unconventional methods of Musk, sending stock in disarray.

Musk, 47, appeared on The Joe Rogan experience Thursday night. For two and a half hours, Musk discussed the technology, drew a sword and accepted what Rogan, a comedian, called marijuana inside the tobacco.

"You probably can not because of the shareholders, right?" Rogan said.

"I mean, it's legal, no?" Musk said before smoking the seal. They were sitting in a California studio, where marijuana use for medical and recreational purposes is actually legal.

The news of the resignation of Tesla's chief accounting officer, Dave Morton, was released Friday, according to a securities deposit. Morton said that "the level of public attention given to the company" and "the pace within the company" have led him to reconsider his future. He added that he still believed in Tesla saying, "I do not disagree with Tesla's leadership or his financial reporting."

Tesla shares fell this week after CEO Elon Musk appeared to be smoking pot in a podcast. In addition, two leaders announced Friday that they were leaving the company.

Kiichiro Sato / AP


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Kiichiro Sato / AP

Tesla shares fell this week after CEO Elon Musk appeared to be smoking pot in a podcast. In addition, two leaders announced Friday that they were leaving the company.

Kiichiro Sato / AP

Morton had been at work for about a month, starting a day before Musk ad on Twitter that he was considering taking the private electric car company. The tweet pushed stocks up.

At $ 420 the action, some people request if the number was meant to refer to the cultivation of marijuana. ("I was not on the weed, to be clear," he told The New York Times. "Weed is not helpful for productivity." There is a reason for the word "smashed".

Gaby Toledano, head of human resources at Tesla, also said that she was leaving the company on Friday. She had been on leave for a few months to be with her family, Tesla wrote in a blog post.

The departure of senior executives has prompted scrutiny. Since the beginning of the year, 41 executives have left, according to CNBC.

Tesla did not immediately respond to NPR's comment request.

Spring and summer were full of drama for Musk, as he was fighting in person and online with analysts, short sellers and a British diver who helped rescue a team of boys trapped in a cave. Thailand.

Musk offered a candid and vulnerable look at his life for the New York Times in August, describing his long hours of work, his isolation and the way he took Ambien to sleep. According to the report, the board members feared that the drug might not work for him sometimes and "instead contributes to late-night sessions on Twitter". As for recreational drugs, he used them "on occasion," sources said.

Other entrepreneurs have been using marijuana, including the late Steve Jobs and George Zimmer, founder of Men's Wearhouse. Virgin Group founder Richard Branson reportedly encouraged parents to smoke joints with their children.

Several media mistakenly reported that the US Air Force was reviewing Musk's security clearance after the video of his smoking was posted online, as his company SpaceX provides services to the government, Reuters reported. .

"Do people want privacy?" Musk asked Rogan in the video. "Because they seem to put everything on the Internet, practically."

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